Do you want to know what the live lumber prices are? You will have a recommendation in this post.
The lumber industry includes forestry, logging, timber trade, and the production of primary forest products and wood goods (such as furniture) as well as derivatives for the pulp and paper industries, like wood fibers. Many of the most prominent producers are also prominent landowners. Several nations have historically relied on the wood sector, and this process goes on today.
Because of all of these aspects, this product is valuable to numerous industries because it can be used for many purposes, so continue to read if you’re considering investing in lumber or want to stay up to date on the cost of this commodity because it impacts your firm.
An application programming interface (API) is the best approach to do so since it allows you to access particular information in real-time, which you can then transmit to your customers or use to build a report. You could obtain live prices, historical values, and fluctuation information from the most well-known sites with only a few clicks.
However, if you’re searching for a commodities API, we recommend utilizing Commodities-API to access lumber rates as it is the most comprehensive method in the industry and it’s straightforward to use.
If you want to try out this API, follow these steps:
- To obtain your API key, go to www.commodities-API.com.
- Choose the symbol of Lumber (LUMBER) and the currency you want to use.
- Using these symbols, locate the item and money in the list. After you’ve settled on them, make the API call.
- Look up the most recent rates. Furthermore, the data is available in a variety of computer languages, including JSON, PHP, and Python, and may be modified and used in any way you see fit.
About Commodities-API
Commodities-API, a one-stop API that saves time and money, is one of the most capable market rate solutions available. Per-minute, this API gets market data from over 15 trustworthy databases, such as NYMEX and COMEX.
Commodities-API can provide live data with a 2-point precision and a frequency of 1 min. There are currency values, commodities, currency conversion, time-series data, and fluctuation statistics accessible. You will watch more than 170 currencies and commodities. In addition, you can use the API responses in JSON, PHP, and Python.